Toku Brings $1B Stablecoin Payroll to Polygon (MATIC), Targets 100+ Countries

Toku, a compliance and employment platform handling more than $1 billion in annual token payroll volume, has launched stablecoin payroll infrastructure on Polygon (MATIC), targeting enterprises paying distributed workforces across 100+ countries.

The deployment represents a significant push to bring traditional payroll onto blockchain rails. Toku’s system plugs directly into existing HR platforms including ADP, Workday, UKG, and Gusto—meaning companies don’t need to overhaul their software stack to start paying employees in stablecoins.

Why This Matters for Enterprise Adoption

Cross-border payroll remains one of the messiest problems in corporate finance. Wire fees, FX spreads, and multi-day settlement times eat into both margins and employee satisfaction. Toku’s pitch is simple: same compliance, faster rails, lower costs.

The platform handles the regulatory complexity that typically scares enterprises away from crypto payroll. Tax withholding, statutory benefits, local filings—Toku manages these across every jurisdiction where employees get paid. For companies without local entities, Toku can serve as Employer of Record, directly employing talent while extending compliant stablecoin payments.

The timing aligns with broader industry momentum. Just days ago, Gusto partnered with Zerohash to offer stablecoin payroll for contractors, signaling that mainstream HR platforms are warming to crypto payment options.

Polygon’s Stablecoin Dominance

The choice of Polygon isn’t arbitrary. According to the announcement, nearly half of all U.S. USDC transfers in the $100–$1,000 range already flow through Polygon. The network holds approximately $3.3 billion in stablecoin liquidity with sub-cent transaction fees—critical for payroll applications where margins on each payment matter.

Every Toku user becomes an active Polygon wallet holder, potentially adding significant network activity if adoption scales. For Polygon, this represents exactly the kind of real-world utility that drives sustainable network growth beyond speculative trading.

The Competitive Landscape

Toku isn’t alone in chasing enterprise crypto payroll. The sector has seen increased attention as regulatory clarity around stablecoins improves in key markets. Recent analysis suggests stablecoins are gaining an edge over Bitcoin in payroll applications specifically because of this regulatory progress.

The company’s integration approach—working with established HR systems rather than requiring wholesale replacement—could prove decisive. Enterprises rarely rip out working infrastructure. Offering stablecoin payroll as a “drop-in upgrade” removes a major adoption barrier.

Whether the $1 billion in current volume translates to broader enterprise adoption will depend largely on execution. The infrastructure is now live. The question is whether CFOs are ready to move payroll onchain.

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